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FURUNO ELECTRIC Surges on Strong Earnings and Positive Outlook

Fri Apr 10, 2026 9:39 am JST Catalyst

FURUNO ELECTRIC <6814> surged sharply. The company announced its consolidated financial results for the fiscal year ending February 2026 after the close of trading on the 9th, reporting net sales of \140.6 billion (up 10.8% year-on-year) and operating profit of \16.2 billion (up 23.3% year-on-year). Sales to new shipbuilding projects grew, while replacement demand from existing vessels and maintenance service demand also remained strong.

For the fiscal year ending February 2027, the company projects net sales of \148.5 billion (up 5.6% year-on-year) and operating profit of \17.0 billion (up 4.6% year-on-year). Regarding dividends, the company raised the full-year dividend for the previous fiscal year from \150 to \160 per share, and announced plans to maintain the dividend at \160 per share for the current fiscal year. Buying interest emerged in response to the solid earnings and favorable outlook.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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